11957 Santa Monica BlvdLos Angeles, CA 90025

Property Details for 11957 Santa Monica Blvd

Year built

1977

Construction

TILT-UP CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

6,869 SF

Zone code

LAC2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

4263-029-053

APU

4263029053

Description

This exceptional Los Angeles commercial property, located at 11957 Santa Monica Boulevard, offers a unique opportunity for businesses seeking executive office space. The two-story building encompasses a total of 6,870 square feet, situated on a 7,360 square foot lot. Currently, there are three available suites, each ranging from a minimum of 500 square feet to a maximum contiguous space of 1,000 square feet, totaling 2,300 square feet of vacant space. The property is zoned LAC2 and boasts 15 parking spaces for tenant and client convenience. The building's multi-tenant configuration provides a dynamic and collaborative environment. Ideal for businesses requiring flexible and modern office solutions, this property presents a rare chance to establish a presence on a highly desirable Los Angeles thoroughfare. The property's Los Angeles County location (APN 4263-029-053) offers excellent access to major transportation arteries and a vibrant business community. This is a retail and office space, specifically categorized as executive office space. The property is located in the 90025 zip code.

• CAP approach

  CAP return

  Valuation

  6%

  $2,250,990

  6.5%

  $2,077,836

  7%

  $1,929,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,017,027

  Geo Method

  $2,024,624

• Alternative Use

  Use

  Valuation

  Residential

  $2,077,836

  Hospitality

  $1,903,287

  Educational

  $1,583,512

  Medical

  $1,637,972

  Retail

  $2,463,242

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0416

Longitude

-118.462

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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